Contracts
A Missouri seller counters an offer by changing the closing date. Legally, this counter-offer:
AKeeps the original offer alive as a backup
BTerminates the original offer and creates a new offer✓ Correct
CRequires MREC approval before it's valid
DIs only valid if signed by both parties simultaneously
Explanation
A counter-offer in Missouri, as in all states, legally terminates the original offer and substitutes a new offer. The original buyer can accept, reject, or counter the seller's counter-offer.
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